Economics · Barter System & Money
In a barter economy, which condition must exist where each of two trading parties possesses goods required by the other, enabling direct exchange without money?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Liquidity preference
- 2Double coincidence of wants✓
- 3Legal tender
- 4Reserve capital
Correct answer
Double coincidence of wants
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